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Bank Chief Risk Officer Jobs in Illinois (NOW HIRING)

US Bank

Environmental Risk Officer

Chicago, IL

Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make ... Environmental and Seismic Risk Officer position within the U.S. Bank Real Estate Technical Services ...

Fifth Third

Credit Risk Officer II

Chicago, IL

Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to ... Credit Risk Officers may participate in LOB deal screens to ensure engagement and provide early ...

ElectronX

Head of Risk

Chicago, IL · On-site

$150 - $250/hr

This role works in close partnership with and in support of ElectronX's Chief Risk Officer to build and execute that framework. This isn't a role where you inherit a risk program and maintain it. You ...

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Showing results 21-40

All JobsBank Chief Risk Officer JobsBank Chief Risk Officer Jobs in Illinois

Bank Chief Risk Officer information

See Illinois salary details

$95.9K

$185.8K

$372.1K

How much do bank chief risk officer jobs pay per year?

As of Aug 29, 2026, the average yearly pay for bank chief risk officer in Illinois is $185,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $163,300.00 and $184,600.00 per year, depending on experience, location, and employer.

What does a Bank Chief Risk Officer do?

A Bank Chief Risk Officer (CRO) is responsible for identifying, assessing, and mitigating risks that could impact a bank's financial stability and regulatory compliance. They develop risk management strategies, oversee risk assessment frameworks, and ensure the bank adheres to legal and regulatory requirements. The CRO works closely with executives and board members to establish risk policies and monitor emerging threats. Their role is crucial in safeguarding the bank against financial, operational, and reputational risks.

What are the typical challenges faced by a Bank Chief Risk Officer?

A Bank Chief Risk Officer regularly faces challenges such as balancing regulatory compliance with business growth, keeping up with evolving financial risks, and navigating complex global regulations. The role often involves making critical decisions rapidly in high-pressure situations and ensuring alignment of risk management practices across multiple departments. Additionally, CROs are tasked with fostering a strong risk culture within the organization and communicating effectively with both executives and regulators. Overcoming these challenges requires a mix of technical expertise, strong leadership, and effective cross-functional collaboration.

What are the key skills and qualifications needed to thrive in the Bank Chief Risk Officer position, and why are they important?

To thrive as a Bank Chief Risk Officer, you need an in-depth understanding of risk management, banking regulations, financial analysis, and typically a degree in finance or a related field, often supplemented by years of industry experience. Familiarity with risk assessment tools, regulatory compliance systems, and professional certifications such as FRM (Financial Risk Manager) or CFA is highly desirable. Exceptional leadership, strategic thinking, and the ability to communicate complex information clearly are key soft skills for this role. These competencies enable the effective identification, mitigation, and communication of risks, which are critical to protecting the bank’s assets and reputation.

What are popular job titles related to Bank Chief Risk Officer jobs in Illinois?

For Bank Chief Risk Officer jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Bank Chief Risk Officer jobs in Illinois look for?

The top searched job categories for Bank Chief Risk Officer jobs in Illinois are:

What cities in Illinois are hiring for Bank Chief Risk Officer jobs?

Cities in Illinois with the most Bank Chief Risk Officer job openings:

Bank Chief Risk Officer jobs near you
Infographic showing various Bank Chief Risk Officer job openings in Illinois as of August 2026, with employment types broken down into 87% Full Time, and 13% Part Time. Highlights an 82% In-person, 9% Hybrid, and 9% Remote job distribution, with an average salary of $185,823 per year, or $89.3 per hour.

Assistant Counsel - Litigation

Carle Health

Champaign, IL • On-site

Full-time

Re-posted 17 days ago

Carle Health rating

7.5

Company rating: 7.5 out of 10

Based on 213 frontline employees who took The Breakroom Quiz

234th of 895 rated healthcare providers

Job description

Overview
The Risk Management department of Carle Health provides enterprise risk management, insurance and claims management services to entities within Carle Health ("Carle"). As part of a team of professionals, the Assistant Counsel: Litigation represents the interests of Carle Health insureds and is responsible for managing all aspects of claims/litigation files for medical malpractice and general liability as well as other litigation, as assigned. The Assistant Counsel: Litigation is also responsible for preparing and/or assisting employed providers and other employees who have been subpoenaed for testimony or deposition.
Qualifications
Certifications: Licensed Attorney - Attorney Registration & Disciplinary Commission (ARDC), Education: Doctorate: Law, Work Experience: Legal
Responsibilities
  • Manages the day-to-day uncomplicated medical malpractice and general liability claims in active litigation and/or files that require the guidance of counsel. This includes, but it not limited to the following: setting initial reserves, conducting investigations, preparing initial and ongoing liability assessments, assignment, direction and control of defense counsel, negotiation, settlement, litigation management, discovery response and production, monitoring trials and providing daily progress reports and support to involved providers and defense counsel, and ensuring that defense counsel complies with the Defense Counsel Guidelines. This is done under the supervision of the SVP/Chief Risk Officer.
  • Collaboratively works with the SVP/Chief Risk Officer, the Associate Counsel: Litigation and Insurance, Executive Director of Risk Management and Clinical Risk Managers to review and evaluate professional and general liability potentially compensable events to determine appropriate reserves, if application, and pre-litigation resolution. This includes, but is not limited to, preparing medical record summaries, conducting witness interviews, medical literature reviews, consultant reviews and pre-litigation negotiation.
  • Prepares case evaluation reports and secures settlement authority on appropriate cases. Assists with employment-related claims and administrative charges and other types of litigation, as assigned.
  • Prepares case evaluation reports, claims trends information, and other information as requested for the Carle Health Risk & Claims Committee and/or other relevant committees.
  • Presents to the Committee as appropriate. Identification of claims and lawsuits which would benefit from early resolution and negotiates/settles claims within authority.
  • Communicates timely and appropriately to Association Counsel: Litigation and Insurance and the SVP/Chief Risk Officer about significant case developments.
  • Ensures the claims database is up to date and comprehensive and contains all information received relevant to a claim. This includes documenting all important case developments for all claims/lawsuits in the claims management database. Coordinates and/or conducts educational sessions/seminars for healthcare staff on risk exposure issues, as requested. Identifies risk trends and issues and communicates same to the Associate Counsel: Litigation and Insurance and the SVP/Chief Risk Officer.
  • Engages in continual learning to address emerging general and professional liability risks as well as trends in the insurance industry.

About Us
Find it here.
Discover the job, the career, the purpose you were meant for. At Carle Health, we're committed to fostering a workplace where every team member feels valued, respected and empowered, where passion and purpose come together to positively impact the lives of our patients and our communities. Find it all at Carle Health.
Our nearly 17,000 team members and providers work together to support patient care across central and southeastern Illinois. We've grown to include eight, award-winning hospitals and a multispecialty provider group with more than 1,500 doctors and advanced practice providers. We're developing the next generation of providers and healthcare professionals through Carle Illinois College of Medicine, the world's first engineering-based medical school, and Methodist College. Carle BroMenn Medical Center, Carle Foundation Hospital, Carle Health Methodist Hospital, Carle Health Proctor Hospital, Carle Health Pekin Hospital, and Carle Hoopeston Regional Health Center hold Magnet® designations, the nation's highest honor for nursing care. We offer opportunities in several communities throughout central Illinois with potential for growth and life-long careers at Carle Health.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Carle Health participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization. | For more information: human.resources@carle.com.
Compensation and Benefits
The compensation range for this position is $47.63per hour - $81.92per hour. This represents a good faith minimum and maximum range for the role at the time of posting by Carle Health. The actual compensation offered a candidate will be dependent on a variety of factors including, but not limited to, the candidate's experience, qualifications, location, training, licenses, shifts worked and compensation model. Carle Health offers a comprehensive benefits package for team members and providers. To learn more visit careers.carlehealth.org/benefits.

What Carle Health employees say

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Benefits

Hours and flexibility

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About Carle

Sourced by ZipRecruiter

Each and every employee at Carle makes us better and stronger, so we can take care of our patients and our community. From clinical to professional and technical careers – our team of employees help us change lives. Carle is proud to be named a Great Place to Work®. Alongside Carle BroMenn Medical Center, Carle Health Methodist Hospital, and Carle Health Proctor Hospital, the Carle Foundation Hospital holds Magnet® designation, the nation’s highest honor for nursing care.

Industry

Health care and social assistance, hospitals and outpatient health care

Company size

10,000+ Employees

Headquarters location

Urbana, IL, US

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